Close up view of a ripe wheat field west of Marcelin, Sask. on August 27, 2022.

Large wheat supply pressures prices

Prices are expected to continue falling despite an increase in demand due to lower production in major importers

World wheat prices are likely to continue falling as more bumper crops are harvested, says Arthur Portier, an anlayst and senior consultant with Argus Media.

Close up view of a ripe wheat field west of Marcelin, Saskatchewan.

Large wheat supply pressures prices

Prices are expected to continue falling despite an increase in demand due to lower production in major importers

SASKATOON — World wheat prices are likely to continue falling as more bumper crops are harvested, says an analyst. Argus Media estimates that the top eight exporters in the world will harvest a record 421 million tonnes of the crop in 2025-26. It is forecasting 484 million tonnes of total supply, well above the previous […] Read more